# @morningbrew on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/C3Y5-2RyUwP
- **Gondola URL:** https://gondola.cc/posts/17595980-morningbrew-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/legacy-do/b073ce13924c47c49094e83ac8f58272382b0bcf1fa37b35b9b377c3c915bdc2.jpg
- **Posted:** 2024-02-16T01:00:37.000+00:00
- **Account Owner:** Morning Brew ☕️ (@MorningBrew) — https://gondola.cc/MorningBrew

## Caption

Business keeps booming for Nvidia on the heels of the AI surge. ⁠
⁠
Earlier this week, the company passed Amazon and Alphabet to become the 4th largest company in the world by market cap, and the 3rd largest US company overall. ⁠
⁠
Shares are up 50% YTD and 230% over the last 12 months.⁠
⁠
Despite its success as a gaming PC chip-maker for much of its lifetime, the company has exploded over the last year and a half.⁠
⁠
As recently as October 2022 the company's market cap stood at $279 billion. Since then, it's added over $1.5 trillion in value, becoming the go-to source for AI server chips which Google, Amazon, Microsoft, and Meta are buying up by the thousands. ⁠
⁠
The company reports its latest earnings next Wednesday, which are sure to show another blockbuster quarter. ⁠
⁠
#nvidia #artificialintelligence #AI #business #businessnews #technews

## Stats

- **Views:** 0
- **Likes:** 21,110
- **Shares:** 0
- **Comments:** 137

## Credits

These are the roles credited on Gondola. Credits may be incomplete.
A brand, account owner, or featured person is not necessarily the creator.

| Name | Username | Profile | Role |
| --- | --- | --- | --- |
| Morning Brew ☕️ | @MorningBrew | https://gondola.cc/MorningBrew | Media Company |
| Liam Fennessy | @LiamFennessy_ | https://gondola.cc/LiamFennessy_ | Editor |

## Tags

technews, businessnews, business, ai, artificialintelligence, nvidia

---
Copyright (c) Gondola